Saturday, June 29, 2013

***Of course, when one sends a coin to NGC to be slabbed, one always hope to get at least MS67 or the all-coveted MS68 for a coin with a business strike & in this aspect, MS66 is truly a big disappointment even though the coin looks truly BU.This coin has a total mintage of almost 10 million and that's a freaking huge mintage and compared to its 10 sen cousin of the same year, which has a total mintage of only a mere 33,000 pieces, these 10 million sure sound & look colossal and certainly will never fall under the scarce category.So why send it to be slabbed as the costs for doing so is actually higher than the numismatic value of the coin itself?Maybe, perhaps, NGC belongs to one's father or grandfather.

Wednesday, June 26, 2013

***A banknote that's not worth crowing about as according to the 12th Edition of the Standard Catalogue of World Paper money, this Specimen piece is only worth 50 Yankee Dollars.Of course, now it's featured prominently in the hereafter Tyvek Museum after a very short-lived stint in the supposedly eternal plastic world of banknotes, but as usual, when one hopes for something, something else will happen.This banknote is supposed to be eternally durable, being the first 'plastic' banknote to be circulated, but instead, it's life was cut short due to its non-durability!And why would one want to have this banknote graded by PMG as the costs for having this banknote graded could be higher than the current market value of this banknote in the numismatic market, unless of course, if PMG belongs to one's father or grandfather?!

Tuesday, June 18, 2013

***Nowadays all types of banknotes are being sent to PMG for grading even though some or rather, many of these banknotes are inexpensive ones, giving the impression that it's not that expensive to have had banknotes graded by PMG or that PMG belongs to one's grandfather.Take this 50 cents JIM as a fine example as it is currently catalogued at RM20 a piece, that is, mind you, for a UNC piece, and an AUNC piece would, naturally, be priced very much lower than that, so, why send such a cheap banknote to PMG to be 'slabbed' unless of course, PMG must be owned by one's father or one's grandfather.

Saturday, June 15, 2013

***There is no cause to gloat, crow or trumpet about as far as this banknote is concerned as the true, bona-fide and only recognised Ladder Serial Number for banknotes is none other than 1234567.0123456 and 3456789, etc, are all make-believe ladder numbers for folks who couldn't get hold of the actual & original Ladder Number which is the officially recognised one, ie, 1234567.Other than 1234567, the rest are not recognised and should be preferably not be dignified in a gloatable way, unless of course, if that particular banknote also happens to be a Replacement.

Thursday, June 6, 2013

***These were almost forgotten but found safely stacked in the 10 feet thick monetary vault of Sir Raymond Chang.How time flies as these banknotes were printed 5 to 6 short years ago but yet, they seem so pristine and freshly baked from the numismatic oven!Sir Raymond is so cocksure that these will be graded as PMG 68 and above and as such, has dispatched these notes to the HQ of PMG to be graded and thereafter, will be eternally displayed at the newly renovated Sir Raymond's Money Museum.......

Sunday, June 2, 2013

***And as far as Malaysian error coins are concerned, many come in very dramatic forms, with multiple unbelievable strikes, ridiculous double strikes of different years and ridiculous mules, but of course, by now, most, except the neophytes, know that these are nothing but so-called assisted-errors - real, bona-fide errors that have had a humanly helping hand and/or hands!And, now we have a 'new' type of errors surfacing of late in the form known as 'Post Mint Jobs.' Look at one, use your grey matter and you would know what a Post Mint Job is.The more dramatic the error is, mostly probably, they are humanly assisted, either inside the mint or outside or both.'Believable errors' for Malaysian coins are mostly in the forms of double strikes, off-centre strikes, uniface strikes or doubled die errors.And this 5 sen coin does have some nice doublings at the 'tower' of the top & at the top's strings.According to the owner of this coin, he got it from the Sunday flea market up North known as the SP Plaza Pasar Lambak and what a good find.By the way, could a Doubled Die error coin be humanly assisted and/or a post mint job? Very unlikely, otherwise, there would be a deluge of these online & offline.But since there is still a huge market for assisted errors & Post Mint Jobs' errors, the factories producing these would surely continue to be busy as the proverbial saying of a sucker being born every second seems to ring true.